$359,000
$10K PRICE DROP

26893 State Highway 3 Olive Branch, IL 62969

Estimated payment $2,202/month

Total Views 7,240
4 Beds
3 Baths
2,274 Sq Ft
$158 Price per Sq Ft

Highlights

  • Ranch Style House
  • Central Air
  • 2 Car Garage
  • 1 Fireplace

About This Home

Looking for a property that pays you back? This 3.17-acre gem offers two fully updated homes and a bonus 1- bedroom apartment, giving you multiple income streams in one incredible package. The main home features 4 beds, 3 baths, two living areas (including a wine bar!), dual HVAC, a brand-new water heater, a basement! The kitchen is loaded with upgrades--walk-in pantry, 6-burner stove, pot filler, and custom cabinets built by a local craftsman. Connected to the home is a 2-car garage with a cute, updated apartment-- great for long term rental or Airbnb potential. Just steps away, the second home offers 3 beds, 1 bath and is newly remodeled, making it ready for immediate rental income. Only a couple short miles from Horseshoe Lake, this property blends comfort, flexibility, and serious earning potential. Two homes plus an apartment equals endless opportunity!

Listing Agent

MORGAN HAWKINS

REALTY 618 LLC License #475198024 Listed on: 06/27/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,828

Year Built

  • Built in 1970

Lot Details

  • 3.17 Acre Lot

Parking

  • 2 Car Garage
  • Parking Garage Space

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 2,274 Sq Ft Home
  • 1 Fireplace
  • Unfinished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Egyptian Elementary And Middle School
  • Egyptian High School

Utilities

  • Central Air
  • Heating System Uses Propane

Listing and Financial Details

  • Assessor Parcel Number 06-32-256-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,828

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1970
  • Architectural Style: Ranch
  • New Construction: No
  • PricePerSqFt: 157.87
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Range Hood, Microwave, Range, Refrigerator, Washer, Dryer
  • Basement: Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Living Area: 2274
  • TotalBasementSqFt: 205
  • KitchenDining: Breakfast Bar,Dining Formal,Dining/Living Combo,Eat-In Kitchen,Island,Pantry

Exterior Features

  • Lot Features: Extra Lot
  • Road Surface Type: Gravel
  • Construction Type: Block, Brick
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2
  • Parking Features: Parking Garage

Utilities

  • Cooling: Central Air
  • Heating: Electric, Natural Gas, Propane
  • Water Source: Public, Public Sewer
  • NumberOfGarageRemotes: 0
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Egyptian
  • High School: Egyptian
  • Middle Or Junior School: Egyptian

Lot Info

  • Lot Size Acres: 3.17
  • Lot Size: See County Plat
  • Additional Parcels Description: 18-03-03-099-001
  • Parcel #: 06-32-256-001

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2828
  • TaxExemptions: None

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $2,828 $45,381 $1,955 $43,426
2022 $2,799 $41,199 $1,775 $39,424
2021 $2,903 $38,207 $1,646 $36,561
2020 $3,108 $38,207 $1,646 $36,561
2019 $2,981 $35,400 $1,525 $33,875
2018 $3,051 $37,110 $1,600 $35,510
2017 $3,037 $35,320 $1,525 $33,795
2016 $2,958 $36,740 $1,585 $35,155
2015 $2,983 $36,740 $1,585 $35,155
2014 $3,193 $37,420 $1,615 $35,805
2013 $3,193 $37,420 $1,615 $35,805
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2025 07/29/25 Price Changed $359,000 -2.7% $158 / Sq Ft
06/27/2025 06/27/25 For Sale $369,000 -- $162 / Sq Ft
Source: RMLS Alliance

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Source: RMLS Alliance

MLS Number: EB458583

RMLS Alliance

APN: 18-03-03-099-001

Illinois Alexander County Olive Branch

26893 State Highway 3, Olive Branch, IL

This home is located at 26893 State Highway 3, Olive Branch, IL 62969 and is currently priced at $359,000, approximately $157 per square foot. This property was built in 1970. 26893 State Highway 3 is a home with nearby schools including Egyptian Elementary School, Egyptian Junior High School, and Egyptian Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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MORGAN HAWKINS
Listing Agent
MORGAN HAWKINS
Section Image
REALTY 618 LLC
(618) 202-5224